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Track Marvell Technology in real time with a live news feed covering Marvell Technology stock news, official press releases, company announcements, and an archive of historical Marvell Technology news. ...more
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Marvell Technology (NASDAQ: MRVL) reported record fiscal second-quarter 2027 revenue of $2.739 billion, up 13% sequentially and 37% from a year earlier, as demand for data-center connectivity and custom silicon products continued to rise. Chairman and Chief Executive Officer Matt Murphy said revenue and non-GAAP earnings per share of $0.94 both exceeded the midpoint of the
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Marvell Technology (NASDAQ: MRVL) reported record fiscal second-quarter 2027 revenue of $2.739 billion, up 13% sequentially and 37% from a year earlier, as demand for data-center connectivity and custom silicon products continued to rise. Chairman and Chief Executive Officer Matt Murphy said revenue and non-GAAP earnings per share of $0.94 both exceeded the midpoint of the
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Beacon Pointe Advisors LLC acquired a new position in shares of Marvell Technology, Inc. (NASDAQ: MRVL) in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 40,498 shares of the semiconductor company's stock, valued at approximately $12,064,000. Several other hedge funds also
Read full articleMarvell Technology (NASDAQ: MRVL) reported record fiscal second-quarter 2027 revenue of $2.739 billion, up 13% sequentially and 37% from a year earlier, as demand for data-center connectivity and custom silicon products continued to rise. Chairman and Chief Executive Officer Matt Murphy said revenue and non-GAAP earnings per share of $0.94 both exceeded the midpoint of the
Read full article
Beacon Pointe Advisors LLC acquired a new position in shares of Marvell Technology, Inc. (NASDAQ: MRVL) in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 40,498 shares of the semiconductor company's stock, valued at approximately $12,064,000. Several other hedge funds also
Read full articleAlthough Marvell Technology, Inc. (NASDAQ: MRVL) stock fell by more than 8% over the past 24 hours after its narrow earnings beat in the second quarter of fiscal 2027 against sky-high investor expectations, nearly a dozen Wall Street analysts have reiterated bullish sentiment for this company over the next 12 months.
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Marvell Technology's Q2 beat and stronger outlook reflect broad AI-driven data center demand, while custom silicon growth adds to its expansion.
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Marvell Technology stock beat on both sales and earnings last night. Guidance looks strong, meeting analyst targets for earnings growth and beating on sales growth.
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Investors are asking the wrong question about the company's landmark Google agreement, according to Marvell Technology Inc. (NASDAQ:MRVL) CEO Matt Murphy.
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Marvell (MRVL) shares fell by 8% following its Q2 results, as investors anticipated more growth after a remarkable 40% rally since late July. Although Q2 revenu
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Marvell raises fiscal 2027 revenue outlook to about $12B as AI data center growth accelerates across interconnect, switching and custom silicon.
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Marvell has surged over 180% this year on AI infrastructure demand, but cooling momentum and a stretched valuation now put buyers in a difficult spot.
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A day after rallying on the back of strong results from Nvidia, the AI trade is stumbling to close out the week.
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